Chariot Limited (OTCMKTS:OIGLF – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,954,100 shares, an increase of 7,421.1% from the August 15th total of 65,869 shares. Based on an average trading volume of 1,468,040 shares, the short-interest ratio is currently 3.4 days. Currently, 0.2% of the shares of the company are short sold.
Chariot Price Performance
Chariot stock opened at $0.04 on Friday. Chariot has a 12 month low of $0.00 and a 12 month high of $0.07. The stock’s 50 day moving average is $0.02 and its 200-day moving average is $0.02.
About Chariot
Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.
Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.
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